Common use of Unanimous Clause in Contracts

Unanimous. Each of the Syndication Parties and Voting Participants before: (a) Amending the definition of Required Lenders as set forth herein or amending Subsections 13.10.1, 13.10.2, 13.10.3 or 13.10.4; (b) Agreeing to an extension of the Maturity Date or the Availability Period, or, except as provided in Section 2.9, an increase in the Commitment or any Syndication Party’s share thereof; or (c) Agreeing to a reduction in the amount, or to a delay in the due date, of any payment by Borrower of interest (including reduction of the interest rate), principal, or fees with respect to the Term Facility; provided, however, this restriction shall not apply to a delay in payment granted by the Administrative Agent in the ordinary course of administration of the Loans and the exercise of reasonable judgment, so long as such payment delay does not exceed five (5) days; (d) Amending Section 14.6 hereof to permit Borrower to assign or transfer its rights or obligations hereunder without the prior written consent of all of the Syndication Parties and the Voting Participants; or (e) Amending Section 4.6 or 13.13 hereof or Section 2.1 or 2.8 hereof to the extent relating to pro rata sharing.

Appears in 1 contract

Sources: Credit Agreement (CHS Inc)

Unanimous. Each of the Syndication Parties and Voting Participants before: (a) Amending the definition of Required Lenders as set forth herein or amending Subsections 13.10.111.18, 13.10.214.1(i), 13.10.3 15.10.1, 15.10.2, 15.10.3 or 13.10.4Article 17; (b) Agreeing to an extension of the Maturity Date or the Availability Period, or, except as provided in Section 2.9, Period or an increase in the Commitment or any Syndication Party’s share thereof; or; (c) Agreeing to a reduction in the amount, or to a delay in the due date, of any payment by Borrower of interest (including reduction of the interest rate)interest, principal, or fees with respect to the Term Facility; provided, however, this restriction shall not apply to a delay in payment granted by the Administrative Agent in the ordinary course of administration of the Loans Advances and the exercise of reasonable judgment, so long as such payment delay does not exceed five (5) days; (d) Amending Section 14.6 6.5(b), 6.6, 15.13, 15.27 or 15.30 hereof; (e) Amending Section 16.6 hereof to permit the Borrower to assign or transfer its rights or obligations hereunder without the prior written consent of all of the Syndication Parties and the Voting ParticipantsParties; or (ef) Amending Section 4.6 Replacing the Borrower or 13.13 the Guarantor hereof or amending Section 2.1 or 2.8 hereof to the extent relating to pro rata sharingsharing or releasing the Guarantor from its obligations under Article 17.

Appears in 1 contract

Sources: Pre Export Credit Agreement (CHS Inc)

Unanimous. Each of the Syndication Parties and Voting Participants before: (a) Amending the definition of Required Lenders as set forth herein or amending Subsections 13.10.115.10.1, 13.10.215.10.2, 13.10.3 15.10.3 or 13.10.415.10.4; (b) Agreeing to an extension of the 5-Year Maturity Date or the 5-Year Availability Period, or, except as provided in Section 2.9, an increase in the 5-Year Commitment or any Syndication Party’s share thereof; or (c) Agreeing to a reduction in the amount, or to a delay in the due date, of any payment by Borrower of interest (including reduction of the interest rate), principal, or fees with respect to the Term 5-Year Facility; provided, however, this restriction shall not apply to a delay in payment granted by the Administrative Agent in the ordinary course of administration of the Loans and the exercise of reasonable judgment, so long as such payment delay does not exceed five (5) days; (d) Amending Section 14.6 16.6 hereof to permit Borrower to assign or transfer its rights or obligations hereunder without the prior written consent of all of the Syndication Parties and the Voting Participants; or (e) Amending Section 4.6 6.6 or 13.13 15.13 hereof or Section 2.1 or 2.8 hereof to the extent relating to pro rata sharing.

Appears in 1 contract

Sources: Credit Agreement (CHS Inc)

Unanimous. Each of the Syndication Parties and Voting Participants before: : (a) Amending the definition of Required Lenders as set forth herein or amending Subsections 13.10.111.18, 13.10.214.1(i), 13.10.3 15.10.1, 15.10.2, 15.10.3 or 13.10.4; Article 17; (b) Agreeing to an extension of the Maturity Date or the Availability Period, or, except as provided in Section 2.9, Period or an increase in the Commitment or any Syndication Party’s share thereof; or (c) Agreeing to a reduction in the amount, or to a delay in the due date, of any payment by Borrower of interest (including reduction of the interest rate)interest, principal, or fees with respect to the Term Facility; provided, however, this restriction shall not apply to a delay in payment granted by the Administrative Agent in the ordinary course of administration of the Loans Advances and the exercise of reasonable judgment, so long as such payment delay does not exceed five (5) days; ; (d) Amending Section 14.6 6.5(b), 6.6, 15.13, 15.27 or 15.30 hereof; (e) Amending Section 16.6 hereof to permit the Borrower to assign or transfer its rights or obligations hereunder without the prior written consent of all of the Syndication Parties and the Voting ParticipantsParties; or or (e) Amending Section 4.6 or 13.13 hereof or Section 2.1 or 2.8 hereof to the extent relating to pro rata sharing.

Appears in 1 contract

Sources: Pre Export Credit Agreement